Wireless product maker SiGe raises $19.5 million

SiGe Semiconductor Inc., a Meuthen company that makes components for wireless products, has raised $19.5 million in a new round of funding from eight investors.

The money is slated to fund the development of new products and to grow the company's staff. SiGe had revenues of $31.8 million in 2005, and reported sales of $23 million in the first half of this year.
(By Keith Reed, Globe staff)